Tazewell County, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.13, -81.56.
Assembled 2026-10-06. Read the brief.
- 14th pct · 2,634th of 3,063 US counties · median $234,566
- 7th pct · 123rd of 133 Virginia counties · median $307,999
- 48th pct · 1,589th of 3,063 US counties · median +2.9%
- 47th pct · 70th of 133 Virginia counties · median +2.9%
- US counties: not published this period
- Virginia counties: not published this period
- 62nd pct · 1,224th of 3,221 US counties · median 8,232
- 65th pct · 47th of 133 Virginia counties · median 9,944
- 21st pct · 2,515th of 3,221 US counties · median $1,039
- 17th pct · 110th of 133 Virginia counties · median $1,048
- 20th pct · 2,429th of 3,063 US counties · median 4.3
- 11th pct · 118th of 133 Virginia counties · median 5.4
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $144,579 (Aug 2026), +2.8% over one year, +24.4% over five
- 14th pct · 2,634th of 3,063 US counties · median $234,566
- 7th pct · 123rd of 133 Virginia counties · median $307,999
| Item | Value | Distance |
|---|---|---|
| Tazewell County, VA | $144,579 · +2.8% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
- Virginia counties: not published this period
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $791 a month on $144,579 at 7.28%, against an average weekly wage worth $3,961 a month: 20.0% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $144,579 × 80% = $115,664, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $791/mo principal and interest
- wage share = payment / (avg weekly wage $914 × 52 / 12 = $3,961) = 20% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $144,579 / ($914 × 52) = 3.0
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
13,382 jobs at 1,014 employers (2026 Q1); -0.9% jobs and -0.1% average weekly wage over the year
- 62nd pct · 1,224th of 3,221 US counties · median 8,232
- 65th pct · 47th of 133 Virginia counties · median 9,944
| Item | Value | Distance |
|---|---|---|
| Tazewell County, VA | 13,382 jobs · $914/wk · -0.9% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 2,560 | $620 | 1.96 | -4.2% |
| Health care and social assistance | 1,983 | $1,080 | 0.98 | +3.8% |
| Accommodation and food services | 1,110 | $375 | 0.92 | -2.5% |
| Manufacturing | 960 | $1,023 | 0.89 | -11.4% |
| Wholesale trade | 449 | $1,087 | 0.88 | +1.1% |
| Construction | 447 | $1,097 | 0.64 | +0.0% |
| Administrative and waste services | 445 | $796 | 0.59 | +54.5% |
| Professional and technical services | 365 | $1,001 | 0.40 | +4.9% |
| Other services | 334 | $874 | 0.84 | -11.2% |
| Finance and insurance | 302 | $1,200 | 0.55 | +2.7% |
| Educational services | 248 | $584 | 0.86 | -33.9% |
| Mining, oil and gas | 219 | $2,894 | 4.60 | -9.1% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
2 USGS reservoir gauges, no capacity figures to weight
Sites found: 2, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
| Site | Reading | Distance |
|---|---|---|
| LITTLE RIVER RESERVOIR NEAR RADFORD, VA | 231.0 Acre-ft (USGS, no capacity on file) | 88 km |
| W. KERR SCOTT RESERVOIR AT DAM NR WILKESBORO, NC | 30.0 ft (USGS, no capacity on file) | 114 km |
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
78 gauges · 0 flooding · 6 with quality panels averaging 100 % · 11 stale
Sites found: 78, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
| Site | Reading | Distance |
|---|---|---|
| Clinch River at North Tazewell | no readings | 4 km |
| COX BRANCH AB TAZEWELL RESERVOIR NR GRATTON, VA | flow 39.0 ft³/s · STALE | 14 km |
| INDIAN CREEK TRIB ALONG RT 631 NR CEDAR BLUFF, VA | turb. 10.0 FNU · quality 100 % (3) · STALE | 16 km |
| INDIAN CREEK TRIBUTARY AB MOUTH NR CEDAR BLUFF, VA | turb. 22.0 FNU · quality 100 % (3) · STALE | 16 km |
| INDIAN CR ALONG N & W RAILROAD NR CEDAR BLUFF, VA | turb. 2.30 FNU · quality 100 % (4) · STALE | 16 km |
| INDIAN CREEK ABOVE RT 631 NEAR CEDAR BLUFF, VA | turb. 4.80 FNU · quality 100 % (4) · STALE | 16 km |
| Clinch River near Richlands | no flooding | 20 km |
| BLUESTONE RIVER AT FALLS MILLS, VA | flow 16.3 ft³/s · no flooding | 28 km |
| Dismal Creek at Whitewood | out of service | 29 km |
| Beaverpond Creek at Bluefield | no readings | 29 km |
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
18 wells in 0 named aquifers:
Sites found: 18, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
| Site | Reading | Distance |
|---|---|---|
| USGS-372322081241501 | depth 22.8 ft · 2026-10-05 | 33 km |
| USGS-371841081584201 | depth 21.0 ft · 2026-10-05 | 42 km |
| USGS-370443082022301 | depth 3.68 ft · 2002-04-11 | 43 km |
| USGS-372606081530001 | depth 30.6 ft · 1982-09-28 | 45 km |
| USGS-372608081530201 | depth 17.9 ft · 1982-09-28 | 45 km |
| USGS-372634081524601 | depth 7.09 ft · 1982-09-28 | 45 km |
| USGS-373452081254301 | depth 17.6 ft · 1979-11-30 | 52 km |
| USGS-373701081271301 | depth 30.6 ft · 1983-01-11 | 56 km |
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 + 0.2×0.00 / 0.55
Banks & federal dollars #
$1.3 bn in deposits at 27 offices of 11 banks (SOD June 2026); HHI 1,393, moderately concentrated. $347.5 m federal obligations in FY2026 (direct payments $336.7 m, grants $10.9 m), $25,967 per covered job
| Item | Value | Distance |
|---|---|---|
| The National Bank of Blacksburg | $256.5 m · 19.8% share · 7 offices | |
| First Sentinel Bank | $222.2 m · 17.2% share · 4 offices | |
| Truist Bank | $221.0 m · 17.1% share · 2 offices | |
| Tazewell, VA | $347.5 m FY2026 · $25,967/job | |
| MULTIPLE RECIPIENTS | $325.8 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The National Bank of Blacksburg | $256,534,000 | 19.8% | 7 |
| First Sentinel Bank | $222,244,000 | 17.2% | 4 |
| Truist Bank | $220,977,000 | 17.1% | 2 |
| Wells Fargo Bank, National Association | $154,787,000 | 12.0% | 1 |
| New Peoples Bank, Inc. | $146,844,000 | 11.3% | 3 |
| First Community Bank | $123,204,000 | 9.5% | 4 |
| Burke & Herbert Bank & Trust Company | $61,583,000 | 4.8% | 1 |
| TruPoint Bank | $60,137,000 | 4.6% | 2 |
| Legacy Bank | $34,397,000 | 2.7% | 1 |
| MCNB Bank and Trust Co. | $10,365,000 | 0.8% | 1 |
Deposit concentration is 1,393 across 11 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 11 banks with deposits in the county = 19.8² + 17.2² + 17.1² + … (8 more) = 1,393
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $273,208,380 |
| Department of Veterans Affairs | $33,188,633 |
| Department of Health and Human Services | $15,289,262 |
| Department of Education | $9,925,013 |
| Railroad Retirement Board | $8,695,312 |
| Department of Transportation | $3,439,972 |
| Department of Agriculture | $2,964,547 |
| Federal Communications Commission | $481,102 |
| Department of Defense | $309,017 |
| Department of Justice | $55,000 |
| Appalachian Regional Commission | $50,000 |
| Small Business Administration | -$165 |
That is $25,967 per covered job, against 13,382 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $347.5 m / 13,382 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $25,967
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -88,576.00 | 2026-07-01 | -24.4% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Tazewell County, VA: 7 findings, 2 at a watch level and 5 noted
watchTazewell County, VA's covered employment is -0.9% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -0.9 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchTazewell County, VA's average weekly wage is -0.1% against a year earlier, a watch level here: average weekly wage below the same quarter a year earlier, before inflation (BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.avgWeeklyWage = -0.1 < 0
BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level
noteTazewell County, VA's covered employment was 0.9% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -0.9 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteTazewell County, VA's typical home value rose 0.8% from $143,485 in July 2026 to $144,579 in August 2026, on Zillow ZHVI.
Period 2026-08.Show the arithmetic
- +0.8% = (144579.42863526824 - 143484.63222253651) / 143484.63222253651 × 100
- 144579.42863526824 = Zillow ZHVI, 2026-08
- 143484.63222253651 = Zillow ZHVI, 2026-07
noteTazewell County, VA's average weekly wage was 0.1% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -0.1 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
Read all 7 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.